Recent economic strength and hot inflation readings may justify holding interest rates steady for longer, said Philip Jefferson, vice chair of the Federal Reserve’s Board of Governors.

The Fed’s main governing body is involved in all aspects of American monetary policy, from overseeing consumer protections to providing emergency support to troubled depository institutions.

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Congressional Republicans are urging the Trump administration not to drag its feet in naming a new top regulator to the Federal Reserve Board of Governors. In a letter sent to Treasury Secretary Scott ...

Passed by Congress in 1913, the Federal Reserve Act established a central bank for the United States and fostered stability in the country’s banking system. The early days of the U.S. banking ...

Jerome H. Powell on Monday took the oath of office for his second term as Chair of the Board of Governors of the Federal Reserve System. Vice-Chair Lael Brainard administered Chair Powell's oath ...

US President Joe Biden has nominated Jerome Powell for a second term as Chair of the governing body of the US Federal Reserve. The nomination of Powell, and of three other candidates to fill ...